World moving from socialism to capitalism
The recent Jakarta summit of Asia and Africa brought remembrance of Jawaharlal Nerhru. At Bandung, Nehru had initiated the non ? alignment movement and proclaiming the resistance to the big powers for exploiting the underdeveloped countries for the economic benefits. This was treated as a Socialistic approach of Nehru and well praised by the world.
This Nehru's socialism should have reduced the poverty with help of the state run company and equal distribution of wealth.
Ironically, socialistic approach of Nehru never worked in the practical world, which has miserably failed across the world.
In the recent summit at Jakarta Dr. Manmohan Singh was elected as a president of the Afro- Asia community with 106 countries. Dr. Manmohan Singh an financial reformer of Indian economy, was insisting on the spreading the globalization on the Horizontal level across the world.
This will help most of the developing and underdeveloped countries, which will give an access to the best science and latest technology. This in turn will also develop the economic status, health care, education level of these countries.
This can be seen as the global acceptance of the Globalization for stability and giving the dignified life to these people in those countries. Today, economist are speaking about reducing the poverty with the help of open economy and creating more opportunities by globalization.
-Mr. Ravindra Nerpawar
About the Author
Ravindra Nerpawar
? Active involvement with NGO called Parikrama Foundation at Bangalore.
? Academic interest in Co-operate Business Management, Economics International Affairs, Governance and Public Policy.
? Spiritually inclined, perusing spiritualism through mediation practice.
? Reading books on Spiritualism, Business Management, Economics etc.
Article Source: Messaggiamo.Com
Related:
» Run Your Car On Water» Recession Relief
» Advanced Automated Forex Trading
» Profit Lance
Webmaster Get Html Code
Add this article to your website now!
Webmaster Submit your Articles
No registration required! Fill in the form and your article is in the Messaggiamo.Com Directory!
